Reuters – 3/21/13: Visa Inc has no plans to implement a “digital wallet” fee at this point, Jim McCarthy, global head of product at the payment network, said on Thursday.
The comment came amid concern Visa might follow MasterCard Inc’s recent move to impose a new fee on operators of digital wallets, such as PayPal, owned by eBay Inc.
During a Barclays investor conference on Wednesday Visa Chief Executive Charlie Scharf said that the payment network’s relationship with digital wallet operators is changing as they move more into physical stores.
Click here to read more: http://uk.reuters.com/article/2013/03/21/uk-visa-paypal-idUKBRE92K0UB20130321

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Source: Paymentspulse